INCOME TAX
Superannuation
Financial advisers may be unaware of the hidden costs with regards to the taxation treatment of lump sum benefits from superannuation, according to Damian Hearn....
Policy & Regulation
The Sydney District Court has sentenced finance broker and unregistered tax agent Angelos Giourtalis to nine years in gaol for 57 counts of tax fraud....
Superannuation
Law firm advises establishment of separate trust arrangements to avoid penalties around transitionary elements of excess contributions following an Australian Taxation Of...
Editorial
Troy Smith outlines what bankruptcy is, when it should be filed for and what income and assets would be available to creditors....
Superannuation
Jennifer Brookhouse outlines the issues to consider when deciding whether a superannuation death benefit going to a child should be paid as an income stream or into a tes...
Superannuation
The Government has amended its recent superannuation guarantee amendment bill to now abolish the age limit for compulsory contributions altogether. ...
Financial planning
In the third quarter of 2011, 356 people and 122 companies were prosecuted and convicted of taxation and superannuation offences, according to acting Tax Commissioner Jen...
Financial planning
While the proposed Future of Financial Advice changes and their potential impact on financial advisers remain the hot topic, there is another acronym - TOFA - which deser...
Policy & Regulation
The proposed changes to transfer pricing rules will ensure multinational corporations operating in Australia pay the correct amount of tax on their income, according to A...
Superannuation
Self-managed super fund (SMSF) software firm BGL Corporate Solutions has added Bendzulla Actuarial to its actuarial certificate providers....
Superannuation
When a self-managed superannuation fund (SMSF) member or trustee travels overseas for an extended period, their SMSF could lose the tax concessions it enjoys. Nicholas Al...
Life/Risk
Macquarie Adviser Services has welcomed recently issued income tax regulations that clarify the extent to which super fund trustees can claim tax deductions for life and ...
Financial planning
Bravura Solutions has released the latest version of its private wealth and portfolio administration software to deal with the Government's regulatory changes to the Taxa...
Financial planning
Bravura Solutions has released the latest version of its private wealth and portfolio administration software to deal with the Government's regulatory changes to the Taxa...
Financial planning
Deborah Wixted questions whether provisions of limited relief regarding excess contributions tax could be classified as 'relief'....
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MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...